Tue.Aug 29, 2023

article thumbnail

11 supply chain management best practices

Taulia

Blog Expert Advice 8 min read 29 Aug 2023 By Taulia Share: Share via linkedin Share via twitter Share via facebook Share via email Copied Copy page URL to clipboard 11 supply chain management best practices The supply chain encompasses the entire process of producing and distributing goods or services, from procuring raw materials to delivering finished goods to customers.

article thumbnail

Risk Management Can Be a Competitive Advantage, Part Two

Enterra Insights

“The human race has long appreciated that disruptions are part of life,” writes the staff at Logility, “they come in waves, and the best laid plans don’t always result in the outcomes we work to achieve.”[1] In Part One of this article, I noted that the World Economic Forum believes we have entered the age of the polycrisis — the simultaneous convergence of a number of crises.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Why is Collaboration Important in Supply Chain Management?

QAD

The digital supply chain forecasting process is critical for any organization’s success. It helps to ensure that the right products are in the right place at the right time, minimizing stockouts and overstocking, reducing costs and improving customer satisfaction. However, to achieve an accurate and effective digital supply chain forecasting process, it is essential to collaborate with both sales teams and suppliers.

article thumbnail

Understanding the True Value of OMS: Seven Signs of Optimization

BlueYonder

Having a disjointed view of inventory and customer data across both physical and online channels is no longer an option for retailers. Effective order management in the present day requires end-to-end connectivity of intuitive, automated solutions that can optimize customer data and ensure a supply chain that is agile to those same customers’ demands.

article thumbnail

Tail Inventory: The Silent Cost Driver You Shouldn't Ignore

Learn how centralizing slow-moving SKUs can help reduce fulfillment costs by $300M+ while boosting fulfillment efficiency.

article thumbnail

Investors Want U.K. Companies to Do More to Prevent Slavery in Supply Chains

Supply Chain Brain

The investors said they're concerned that not enough firms have shared their findings related to modern slavery in supply chains.

More Trending

article thumbnail

How to Pick a Logistics Outsourcing Partner?

Logistics Bureau

In selecting your Logistics Outsourcing partner, it is crucial to be careful and choose the right one. So, what do you look for when selecting a Logistics Outsourcing Partner? Here are some tips for finding the right 3PL.  Related articles on this topic have appeared throughout our website, check them out: The Power of Outsourcing for Supply Chain Improvement 6 Quick Tips for Successful Logistics Outsourcing Insourcing or Outsourcing Logistics: Don’t Choose the Wrong Reasons Getting Aligned wit

article thumbnail

Starting A Career In The Digital Supply Chain: What You Need To Know

IT Supply Chain

By Jessica Sweet (pictured) Content Writer at makeLifeSweeter.com The post Starting A Career In The Digital Supply Chain: What You Need To Know appeared first on IT Supply Chain.

article thumbnail

Supply Chain News on Interest in Yellow Assets is High, with Network hard to Replicate

Supply Chain Digest

Initial Bids for Terminals and Real Estate Exceed Secured Debt of Bankrupt Carrier

article thumbnail

Gathering Talent: 5 Vital Tips to Enhance Your Recruitment Game

IT Supply Chain

By Ian Benson (pictured) Content Writer The post Gathering Talent: 5 Vital Tips to Enhance Your Recruitment Game appeared first on IT Supply Chain.

article thumbnail

Tariffs on the Table: How to Brief the Board and C‑Suite With Confidence

“What should we do about the tariffs?” There’s no straightforward answer — every leader has a different expectation. CFOs want numbers. COOs want action. CEOs want strategy. And supply chain and procurement leaders need to be ready with the right response — fast. That’s why GEP has created a simple three-part framework that will help CPOs and CSCOs brief the board and C-suite with clarity and confidence.

article thumbnail

Toyota Encounters Systems Related Production Shutdown

Supply Chain Matters

Global auto producer Toyota encountered a “ systems related ” shutdown of auto production operations across Japan according to multiple news reports. The systems issue, which prohibited operations teams to order auto assembly parts and components, reportedly occurred on Monday and cascaded among multiple facilities because of the parts and materials shortages.

article thumbnail

August 29, 2023 Update

Freightos

Blog " * " indicates required fields Email * More Resources Home August 29, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. Judah Levine August 29, 2023 Unbox your Freight knowledge.

article thumbnail

Sustainable supply chain management

EazyStock

Improving businesses and the environment In today’s fast-paced business landscape, inventory management plays a crucial role in determining a company’s success. Whether a small retailer or a large-scale manufacturer, getting your inventory right can significantly impact your bottom line. While you strive for efficiency and profitability, have you considered the environmental impact of your inventory practices?

article thumbnail

3 Lessons Tom Brady Teaches Dispatchers and Drivers

Locus

There are outliers in sports who prove that age is just a number! Tom Brady is one among them! Tom Brady defied many odds as a player. The average retirement age for a National Football League (NFL) player is in their 20s, and very few cross their 30s and stay relevant. But Tom Brady got into the NFL draft at 23 and played till age 46 for 23 seasons.

article thumbnail

How to Modernize Manufacturing Without Losing Control

Speaker: Andrew Skoog, Founder of MachinistX & President of Hexis Representatives

Manufacturing is evolving, and the right technology can empower—not replace—your workforce. Smart automation and AI-driven software are revolutionizing decision-making, optimizing processes, and improving efficiency. But how do you implement these tools with confidence and ensure they complement human expertise rather than override it? Join industry expert Andrew Skoog as he explores how manufacturers can leverage automation to enhance operations, streamline workflows, and make smarter, data-dri

article thumbnail

What is Inventory Management Software and How Does It Work?

Unleashed

Inventory management software helps businesses keep track of stock and be more efficient in their daily operations. It automates tedious manual tasks that can be prone to human error, improving the accuracy of a company’s recorded inventory levels and reducing inventory carrying costs. This article explains what inventory management software is, how it works, and how much inventory management software costs to set up and operate.

article thumbnail

Automate Greenfield Warehouses Right from the Start with Robots

Locus Robotics

By Mary Hart Eager to expand your warehouse and order fulfillment capabilities and have the funds to create the facility of your dreams from the ground up? Congratulations! Greenfield warehouses can be a solid way to optimize your entire warehouse operations from wall to wall — from material arrival at your docks to inventory storage; picking to replenishment; sorting to shipping; and more.

article thumbnail

3 Steps to Establishing a Technology Backbone That Unites Supply Chain and Financial Leaders

Tecsys

As a chief financial officer (CFO), I can understand the tremendous pressures health system and hospital CFOs are facing with rising labor and supply costs and declining reimbursement rates. Financial leaders, regardless of the industry, want to drive higher gross margins, but that seems impossible in healthcare today given the current economic climate.

article thumbnail

Enhancing Mobility Through Integrated Transportation Solutions

American Global Logistics

In today's fast-paced world, businesses are always looking for ways to optimize their operations and stay ahead of the competition. One area that is critical to success is first-rate logistics and supply chain management. We're going to take a look at key challenges, benefits, and the outlook of integrated transportation systems. The delivery of goods is a crucial aspect of this process, and integrating transportation solutions can help you improve your efficiency, reduce costs, and enhance cust

article thumbnail

How Companies Are Navigating Tariff Chaos with GEP’s AI-Powered Procurement Platform

Tariffs are no longer just policy noise. They’re driving real, bottom-line impact. One policy shift and your sourcing strategy is upside down. This bulletin cuts straight to the point. How Market-Leading Companies Are Navigating Tariff Chaos with GEP’s AI-Powered Procurement Platform breaks down how procurement teams are staying ahead of the chaos with real-time insights, smarter sourcing moves and AI-powered agility.

article thumbnail

Top TMS Providers

Logistics Viewpoints

A transportation management system ( TMS ) helps companies move freight from origin to destination efficiently, reliably, and cost-effectively. The primary reason companies buy a TMS is for freight savings. These freight savings can be attributed to simulation and network design, load consolidation and lower cost mode selections, and multi-stop route optimization.

article thumbnail

Everything You Need To Know About Dock Scheduling

C3 Solutions

The dock is a key part of any operation. It is the critical interface between the inside and outside, for product coming and going. It can either be a choke point and a source of pain, or it can be a model of efficiency that reflects your entire operation.

article thumbnail

Launch Warehouse Automation Technologies Smarter: Insider Tips

Amware Logistics and Fulfillment

Failed warehouse automation technology launches can leave large and lasting scars – on project leads and brand reputations. Often, it’s not the technology that’s to blame, it’s a poorly managed implementation process.

article thumbnail

Rely on omnichannel distribution from a 3PL warehouse

West Coast and California Logistics

To maximize sales revenue, brands often need to keep two sets of customers happy. Retail partners require compliance with their rigid vendor requirements. And eCommerce customers want their orders delivered fast and error free.

article thumbnail

A Roadmap For Modernization: How To Break Free From Your Monolith Before July 31, 2026

Speaker: Jason Cottrell and Gireesh Sahukar

Retailers know the clock is ticking–legacy SAP Commerce support ends in 2026. Legacy platforms are becoming a liability burdened by complexity, rigidity, and mounting operational costs. But modernization isn’t just about swapping out systems, it’s about preparing for a future shaped by real-time interactions, AI powered buying assistants, and flexible commerce architecture.

article thumbnail

Inside Look at Four Companies With Exceptional Quality Management Systems

Arena Solutions

Three names you don’t see mentioned much nowadays regarding quality management are Walter A. Shewhart, the father of statistical quality control; Joseph Juran, founder of the Juran Trilogy (quality planning, quality control, and quality improvement); and W. Edwards Deming, the architect of the quality movement. These three quality pioneers have significantly impacted how businesses and organizations approach quality in product development and manufacturing today, as well as in modern quality man

article thumbnail

Watch: How Can Delivery Drivers Thrive While Remaining Independent?

Supply Chain Brain

Peter Schlactus, co-founder and executive director of the Association for Delivery Drivers, explains how independent delivery drivers can retain their status, yet still have access to critical services such as training, certification and insurance.

article thumbnail

The State of LTL Shipping in Light of YRC Freight Bankruptcy

TransAudit

LTL, or Less-Than-Truckload shipping, represents the transport of freight that doesn’t require an entire truck’s space. It plays a critical role in the movement of goods, particularly for businesses that don’t have large enough quantities for full truckloads. The bankruptcy of Yellow Corp., formerly known as YRC Freight, sent shockwaves throughout the transportation industry due to its dominant position.

article thumbnail

Hope for Offshore Wind Boom in Gulf of Mexico Dims with Low Bids

Supply Chain Brain

RWE Offshore U.S. Gulf LLC won a 102,480-acre (41,472-hectare) tract near Lake Charles, Louisiana for $5.6 million after just two rounds of bidding.

article thumbnail

Procurement Is Navigating a Tech Tsunami (and It’s Upending How You Work)

Procurement is in the middle of a tech tsunami. And if it feels like the old playbooks aren’t working anymore, that’s because they aren’t. Agentic AI. Autonomous procurement. Unified source-to-pay ecosystems. These innovations are converging and transforming how procurement teams operate. The GEP 2025 Procurement & Supply Chain Tech Trends Report breaks it all down.

article thumbnail

How to find the right food-grade bulk trucking companies for your products

Bulk Connection

Shipping bulk food-grade products is one of the most complicated types of loads within the bulk transportation industry. To be handled properly, these loads require nothing less than a full-on fact-finding mission from your bulk transport provider. In this article, we’ll examine the process of food-grade transportation and tell you what sets the best food-grade trucking companies apart from the rest.

Food 84
article thumbnail

Domestic Spying Tool? Or Protection from Cyber Pearl Harbor? FISA Section 702 is Up for Renewal

Supply Chain Brain

Because Section 702 has prompted the capture of vast amounts of data, there’s a risk of information not intended by the Act being caught up too.

Tools 98
article thumbnail

Building a Custom Asset Lifecycle Management Tool with TrackVia

TrackVia

In an age dominated by technology and data, effectively managing assets has never been more crucial. Every organization, be it a multinational conglomerate or a budding startup, relies on a plethora of assets—physical, digital, or intangible. These assets have lifecycles that, if managed proficiently, can significantly contribute to the overall efficiency and success of the organization.